Cebu Air Inc., the operator of Cebu Pacific and Cebgo, asked the Civil Aeronautics Board to impose a fuel surcharge for its domestic and international flights to offset the costlier jet fuel prices.
Cebu Air, in a filing with the CAB, asked for a fuel surcharge of between P70 and P280 for domestic flights and between $6 and $26 for international flights.
For cargo, Cebu Pacific is seeking a fuel surcharge of P1 to P2 on domestic flights and $0.20 to $0.30 on international flights.
A fuel surcharge is a temporary relief granted to airlines to help them recover losses incurred from higher jet fuel prices.
Fuel accounts for about 50 percent of an airline’s operating cost per passenger, and is the second-highest expense next to labor.
Data from the International Air Transportation Association showed that jet fuel prices averaged $91.40 a barrel as of May 25, up by 41.7 percent from a year ago.
The CAB suspended the imposition of fuel surcharge in all domestic and international flights in 2015 because of lower jet fuel prices.